HCP Plastene Bulkpack Ltd
Incorporated in 1984, HCL Plastene Bulkpack Ltd deals in FIBC Jumbo Bags, PP Woven Sack Bags, PP Woven Labels and related products[1]
- Market Cap ₹ 207 Cr.
- Current Price ₹ 194
- High / Low ₹ 216 / 88.8
- Stock P/E 14.2
- Book Value ₹ 63.4
- Dividend Yield 0.52 %
- ROCE 13.2 %
- ROE 17.7 %
- Face Value ₹ 10.0
Pros
- Company is expected to give good quarter
Cons
- Stock is trading at 3.05 times its book value
- Company has a low return on equity of 4.36% over last 3 years.
- Contingent liabilities of Rs.130 Cr.
- Debtor days have increased from 58.9 to 77.9 days.
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Quarterly Results
Consolidated Figures in Rs. Crores / View Standalone
Profit & Loss
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
|---|---|---|---|---|---|---|
| 16 | 112 | 351 | 295 | 463 | 565 | |
| 19 | 106 | 334 | 278 | 428 | 524 | |
| Operating Profit | -3 | 6 | 18 | 17 | 35 | 42 |
| OPM % | -20% | 5% | 5% | 6% | 8% | 7% |
| 53 | 1 | 1 | 3 | 5 | 11 | |
| Interest | 1 | 4 | 10 | 12 | 15 | 17 |
| Depreciation | 5 | 5 | 7 | 7 | 7 | 8 |
| Profit before tax | 44 | -3 | 1 | 0 | 18 | 29 |
| Tax % | -46% | -22% | 36% | -55% | 26% | |
| 64 | -2 | 1 | 0 | 13 | 25 | |
| EPS in Rs | 38.79 | -2.86 | -2.07 | -1.11 | 9.02 | 13.60 |
| Dividend Payout % | 0% | 0% | 0% | 0% | 0% |
| Compounded Sales Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 60% |
| TTM: | 49% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 73% |
| TTM: | 374% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 24% |
| 5 Years: | 98% |
| 3 Years: | -17% |
| 1 Year: | 15% |
| Return on Equity | |
|---|---|
| 10 Years: | % |
| 5 Years: | % |
| 3 Years: | 4% |
| Last Year: | 18% |
Balance Sheet
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Sep 2025 | |
|---|---|---|---|---|---|---|
| Equity Capital | 10 | 10 | 11 | 11 | 11 | 11 |
| Reserves | 16 | 15 | 39 | 39 | 49 | 57 |
| 38 | 109 | 123 | 158 | 190 | 201 | |
| 8 | 39 | 27 | 25 | 35 | 54 | |
| Total Liabilities | 72 | 174 | 200 | 233 | 285 | 322 |
| 27 | 79 | 84 | 77 | 73 | 70 | |
| CWIP | 0 | 0 | 1 | 4 | 0 | 1 |
| Investments | 0 | 0 | 1 | 1 | 0 | 1 |
| 45 | 94 | 115 | 152 | 212 | 251 | |
| Total Assets | 72 | 174 | 200 | 233 | 285 | 322 |
Cash Flows
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| -16 | -23 | -20 | -19 | -19 | |
| -1 | -57 | -13 | -5 | 1 | |
| 14 | 81 | 34 | 24 | 18 | |
| Net Cash Flow | -3 | 0 | 1 | -1 | 0 |
Ratios
Consolidated Figures in Rs. Crores / View Standalone
| Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
|---|---|---|---|---|---|
| Debtor Days | 76 | 87 | 29 | 70 | 78 |
| Inventory Days | 225 | 115 | 38 | 65 | 61 |
| Days Payable | 245 | 94 | 10 | 7 | 9 |
| Cash Conversion Cycle | 56 | 108 | 57 | 129 | 131 |
| Working Capital Days | 85 | 43 | 28 | -5 | 7 |
| ROCE % | 1% | 6% | 6% | 13% |
Documents
Announcements
- Announcement under Regulation 30 (LODR)-Newspaper Publication 13 Nov
-
Intimation Of Record Date
11 Nov - Record date fixed as 15 November 2025 for interim dividend declared on 11 November 2025.
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Interim Dividend
11 Nov - Approved Q2/H1 unaudited results; interim dividend ₹1/share (₹1,06,74,837); record date Nov 15, 2025.
- Result Of Unaudited Standalone And Consolidated Financial For The Quarter And Half Year Ended 30Th September, 2025 11 Nov
-
Board Meeting Outcome for OUTCOME OF THE BOARD MEETING OF THE COMPANY
11 Nov - Approved unaudited Q2/H1 results; interim dividend ₹1/share on 10,674,837 shares; record date Nov 15, 2025.
Annual reports
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Financial Year 2025
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2011
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Business Overview:[1]
HPBL is a flagship of the Plastene Group of Companies. It is a plastic packaging manufacturer of FIBCs, small bags, AD star bags and multi-layer films